Khmeb is 44 years old and provides a motor taxi service, earning $5 per day. His wife sells groceries at home and earns $2 per day. They have 3 children: two are studying and one works earning $3 per day. Every month, he has to spend $45 on food, $5 on electricity, $10 on school fees, $10 on transportation and $20 on other expenses. He would like to request a loan of $800 to buy a musical instrument for his son to join some relatives in providing a music service. The loan will help his son to have a real career and to support himself and his family in the future.
KREDIT Ltd. is one of Kiva’s most established partners in Southeast Asia. The organization empowers the economically-active poor and small entrepreneurs by providing inclusive financial services. Beyond loans, KREDIT offers low-income clients complementary training in debt management, savings and budgeting. In addition, KREDIT partners with NGOs to offer training in primary health care, agricultural techniques and HIV/AIDS awareness.
For more information on KREDIT, please visit its partner page. If you would like to engage more with KREDIT and its borrowers, you can also join its lending team, KREDIT MFI Cambodia.